Watch List notes:

SCOTLAND. William I 'the Lion'. 1165-1214. AR Penny (19mm, 1.21 g, 1h). Third (Short Cross & Stars) coinage, phase A. Edinburgh mint; Hue, moneyer. Struck 1195-circa 1205. Head right wearing pelleted crown; quatrefoil-tipped scepter before / [+ hVЄ : O]И ЄDЄИBV[R], voided cross pattée, with star in each angle (four stars of six points). Burns 1h; SCBI 35 (Ashmolean & Hunterian), 48 (same obv. die); SCBC 5027. Near VF, find patina, deposits.

From the Dr. William E. Triest Collection, purchased from Mike Vosper.